Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Waterfront Marina & Campground Opportunity Title is generated by Realmo AI

    2325 Green Drive, Au Gres, MI 48703

    View on Map
    Claim this Listing
    Loading data...
    Loading data...
    Loading data...
    For Sale
    $2,950,000

    48-acre waterfront marina and campground with expansion potential.

    Type:Commercial/Industrial
    Property size:
    12,772 SF
    Lot size:
    48.00 Acres
    Price / SF:
    $230/SF
    Added:
    Mar 12, 2026
    Days on Market:
    66
    Last Refresh:
    Apr 5 at 9:36 pm

    Property Features for 2325 Green Drive

    General Information

    Standard status
    Active
    Size
    12,772 SF
    Lot size
    48.00 Acres
    Property subtype
    Commercial/Industrial

    Building Details

    Year Built
    1978

    We can help!

    Listing Contact
    Kenneth Burton
    Kenneth Burton

    Listing agent Kenneth Burton License #6501414220

    Listing office Keller Williams Realty Lansing

    Listing date Mar 12, 2026

    Source Exitrealty

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty Lansing

    HighLights

    • 48 acres of waterfront property on Saginaw Bay with direct access to Lake Huron
    • Established marina and campground business with 77 boat slips and 120 seasonal RV sites
    • Potential for expansion with 13 acres currently developed and additional acreage available
    • Prime location on Michigan's sunrise side, a desirable destination for outdoor enthusiasts
    • 350 feet of prime waterfront, ideal for fishing, boating, and water recreation
    • Rare investment opportunity for investors, developers, or entrepreneurs

    Overview

    This 48-acre waterfront property on Saginaw Bay offers direct access to Lake Huron. The established marina and campground is located on Michigan's sunrise side. The property features 120 seasonal RV sites, which are spacious and well-maintained. There are 77 boat slips situated on 350 feet of waterfront, suitable for fishing, boating, and water recreation. Currently, 13 acres are developed for operations, with additional acreage available for expansion. The property provides direct water access to Saginaw Bay and Lake Huron.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Point Au Gres ... Campground & RV Park

    Map

    City
    Au Gres
    County
    Arenac
    State
    Michigan
    Longitude
    -83.6875
    Latitude
    44.0162

    Nearby Similar for Sale

    • $950

      Harbortown Marina Dock for Sale

      Private condominium marina dock with direct access to Lake Huron.
      149 W huron Road, Au Gres, MI 48703
      View Details
    • $2,950,000
      12,772 SF

      Waterfront Marina & Campground Opportunity

      48-acre waterfront marina and campground with expansion potential.
      2325 Green Drive, Au Gres, MI 48703
      View Details
    • $172,000

      Established Ice Cream Shoppe For Sale

      Turnkey ice cream shop with a 51-year history.
      201 E Huron, Au Gres, MI 48703
      View Details
    • $6,000

      Northport Marina Boat Slip

      Boat slip for sale in Au Gres, Michigan.
      N/A Michigan Avenue, Au Gres, MI 48730
      View Details
    • $79,500

      Remodeled Trailer with Private Dock

      Remodeled single wide trailer with private dock and amenities.
      3675 E Michigan Avenue, Au Gres, MI 48703
      View Details
    • $10,000

      Northport Marina Boat Slip

      Boat slip accommodating up to 35' boat in gated marina.
      3676 E Michigan Ave, SimsTownship_Arenac, MI 48703
      View Details
    • $300,000

      Large Industrial Building on Acreage

      Spacious industrial building with acreage, ideal for various purposes.
      1188 E Huron Rd, Au Gres, MI
      View Details
    • $99,900
      1,800 SF

      Commercially Zoned Building on 1.25 Acres

      Commercially zoned building in high traffic area with road frontage.
      2416 E Huron Rd, Au Gres, MI 48703
      View Details
    • $299,000
      7,620 SF

      Turnkey Winery with Retail & Apartment

      Established winery with tasting room, warehouse, and apartment for sale.
      211 E Huron Road, Au Gres, MI 48703
      View Details
    • $169,500
      768 SF

      Established Restaurant in Au Gres

      Long-standing restaurant property with nostalgic charm in central Au Gres.
      201 E Huron, Au Gres, MI 48703
      View Details
    • $300,000
      14,920 SF

      Spacious Industrial Building on Acreage

      14,920 SF building on 24.51 acres near M-65.
      1188 E Huron Rd, Au Gres, MI 48703
      View Details
    • $172,000
      768 SF

      Established Ice Cream Shop For Sale

      Long-standing ice cream shop in Au Gres, Michigan, for sale.
      201 E Huron Rd, Au Gres Township, MI 48703
      View Details

    FAQs

    What type of property is this?
    Campground - 48-acre waterfront marina and campground with expansion potential.
    Where is this campground located?
    The property is located at 2325 Green Drive Au Gres, MI.
    What is the asking price?
    The asking price for this property is $2,950,000.
    What are key features of this property?
    This property features: 48 acres of waterfront property on Saginaw Bay with direct access to Lake Huron; Established marina and campground business with **77 boat slips and 120 seasonal RV sites**; Potential for expansion with 13 acres currently developed and additional acreage available
    (517) 853-1200
    We can help!
    Listing Contact
    Kenneth Burton
    Kenneth Burton
    Real Estate License ID: 6501414220
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Thank You for Inquiry
    2325 Green Drive, Au Gres, MI 48703
    letter with green check mark
    Check your email
    We sent you the
    agent's contact details. yellow underline
    Can't find it?
    Please check your junk/spam folder.
    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!